Saturday, April 26, 2008

Stocks for April 28, 2008

Here are the weekly stocks the passed three or more of my five filters. RIMM alone has passed all five.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

RIMM

1

1

1

1

1

A

LNN

1

1

1

1

A+

RIG

1

1

1

1

A+

ACI

1

1

1

A+

AXYS

1

1

1

A+

BIDU

1

1

2

A+

DE

1

1

1

A+

JOYG

1

1

1

A+

MA

1

1

1

A+

MON

1

1

1

A+

MOS

1

1

1

A+

NOV

1

1

1

A+

PCLN

1

1

1

A+

POT

1

1

1

A+

ANSS

1

2

1

A

CLHB

1

2

1

A

DVN

1

1

1

A

ESRX

1

1

1

A

GFA

1

1

1

A

HXM

1

1

2

A

IVGN

1

2

1

A

KEX

1

2

1

A

MANT

1

1

1

A

NFLX

1

1

1

A

PRGO

1

1

1

A

WMB

1

2

1

A

GLW

1

2

1

A-

This week, I welcome the following four stocks to the core list:

MANT

MON

NFLX

PRGO

ManTech International (MANT) provides solutions for national security programs. Monsanto ("Without chemicals, life itself could not exist": a truism that becomes less true by repetition) uses genomics to make agricultural plants with very cool characteristics. NetFlix (NFLX) was founded by a guy who was quite unhappy with his Blockbuster late charges for renting Apollo 13. They mail you DVDs and charge you a flat monthly fee. Perrigo (PRGO) distributes pharmaceuticals, both O-T-C and by prescription.

FLIR and MUR are off the core list.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

RIG

10

Earn 7-May

BUCY

9

PCLN

9

Earn 8-May

RIMM

9

Earn 25-Jun

ESRX

8

Earn 29-Apr

ISRG

7

GLW

7

Earn 29-Apr

LIFC

6

FLS

6

Earn 28-Apr

KWK

5

Earn 7-May

WFR

5

MATK

5

NOV

5

Earn 30-Apr

POT

5

Earn 24-Apr

WMB

5

Earn 2-May

MANT

5

Earn 30-Apr

MON

5

NFLX

5

PRGO

5

Earn 6-May

moving down this week

moving up this week

new this week

I am reading Invest Like a Dealmaker by Chris Mayer. He likes to make his money the old fashioned way: look at balance sheets and find companies with a tiny ratio of Enterprise Value (EV) to Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).

I read an article in March's Technical Analysis of Stocks and Commodities by John Ehlers. The intent of the article was to determine the fundamental cycle of a commodity or stock. I suppose that if one were able to do this well, one could buy at the bottom of a cycle and sell at a top. Here is a chart that shows Ehlers doing a Stop-And-Reverse on the S&P mini. Might be worth a few hours of playing around in TradeStation to see if there are any markets that will play nicely with Ehlers' cycles.

I hope you're doing well. My shorts are doing poorly, but hey, that's life in the big city. The Day of the Bears may yet come upon us.